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Egypt Cuts Bank Rates By 100 Basis Points As Inflation Cools Further
Middle East Business News - Published date: .
Central bank expects real GDP growth around 5.0%; Annual average inflation projected at 14.0% for 2025, down from 28.3%... Read more
Saudi Arabia Speeds Up Banking With New E-cheque System
Middle East Business News - Published date: .
The Saudi Central Bank has introduced an electronic cheque clearing service, allowing cheques to be cleared within one ... Read more
Saudi Tax Authority Warns Of Penalties For Late VAT Filing By Large Businesses
Middle East Business News - Published date: .
Saudi Arabia’s ZATCA urges VAT-registered firms with revenues above $10.7m to file returns by December 31 to avoid pe... Read more
Abu Dhabi Cements Global Finance Ambitions As ADGM Adds Institutions Managing Over $9tn In Assets
Middle East Business News - Published date: .
ADGM enters second decade with 11 new global institutions managing $9tn in assets, reinforcing Abu Dhabi’s rise as fi... Read more
ADQ Secures $5bn Debut Syndicated Loan In Greater China
Middle East Business News - Published date: .
ADQ closes its debut $5bn five-year syndicated financing in Greater China after demand topped $12bn, marking regional m... Read more
CBD Becomes First UAE Bank To Activate Open Finance For Customers
Middle East Business News - Published date: .
This has been done under the oversight of the Central Bank of the UAE, and in collaboration with licensed third-party p... Read more
Mashreq Ends Year With Successful $2bn Placement Of Syndicated Loan
Middle East Business News - Published date: .
The loan is the largest funding transaction in the history of Mashreq; It’s also the bank’s first syndicated loan i... Read more
Saudi Central Bank Issues New Fees Guide For Financial Institutions
Middle East Business News - Published date: .
Updated framework replaces existing Banking Tariff and introduces lower caps on selected service charges The post Saudi... Read more
Saudi Arabias SAMA Issues Updated Regulation For Finance Companies
Middle East Business News - Published date: .
Revised rules cover licensing requirements, aggregate financing limits and related-party provisions The post Saudi Arab... Read more
Sheikh Zayed Bin Hamdan Appointed Chairman Of 2PointZero Board
Middle East Business News - Published date: .
The Board brings together sovereign leadership, global investment expertise and operational excellence; MD Mariam Almhe... Read more
M&A In The Middle East Surges 260% To $53bn As Dealmakers Drive Energy And Tech Expansion
Middle East Business News - Published date: .
Middle East M&A deal values jump 260% to $53bn in 2025, led by energy consolidation and fast-growing technology and... Read more
Dubai To Host International Rugby Sevens In January 2026
Sports and Eneterainment - Published date: .
Sixteen men’s and women’s national teams will compete at The Sevens Stadium in two-day event on 17 and 18 January T... Read more
KKR Makes First Saudi Investment With Financing For Key Desalination Plant
Middle East Business News - Published date: .
The global investment firm KKR has partnered with ACWA Power to support long-term water security under Vision 2030 The ... Read more
Mohammed Ben Sulayem Begins Second Term As FIA President
Sports and Eneterainment - Published date: .
The FIA’s new regulations represent a full reset of Formula 1 car design, targeting closer racing, improved safety an... Read more
UAE Announces Updated Excise Tax Rules
Middle East Business News - Published date: .
UAE issues Cabinet Resolution No. 198 of 2025 amending Excise Tax rules to improve compliance and enhance procedures Th... Read more
DIFC Joins Global Privacy Forum To Strengthen Cross-border Data Governance
Middle East Business News - Published date: .
Membership of the Global Cross-Border Privacy Rules Forum reinforces Dubai’s ambition to be a leading hub for the dig... Read more
Mubadala Completes Acquisition Of Service Logic In Partnership With Bain Capital
Middle East Business News - Published date: .
Service Logic is headquartered in Charlotte, North Carolina, and is a leader in comprehensive commercial HVAC and build... Read more
Netflix To Add FIFA Football Video Game Ahead Of The 2026 World Cup
Sports and Eneterainment - Published date: .
Following a bitter split from EA in 2023, FIFA is set to return as a video game exclusively on the streaming site just ... Read more
Saudi Arabian Bank Credit Reached An All-time High Of $880 Billion
Middle East Business News - Published date: .
Saudi Central Bank’s monthly statistical bulletin says this is an annual increase of 13.6%; credit issued is distribu... Read more
FIFA World Cup Trophy Tour To Kick Off In Riyadh
Sports and Eneterainment - Published date: .
The Coca-Cola-led tour will give fans worldwide access to the Original Trophy ahead of the 2026 World Cup The post FIFA... Read more